Earnings, deals and disclosures from Japan's listed electronics companies, in English.
OKI's ATM joint venture with Hitachi now has a provisional name, a Tokyo headquarters address and a president and vice-president lined up from each parent, but capital remains undecided and the October 1 launch still needs antitrust and foreign-investment clearances.
US Customs approved the full $109mn Seiko Epson sought after the Supreme Court voided IEEPA tariffs, with the amount plus interest expected to be booked in the quarter ending September 2026 and already reflected in the company's August guidance.
Nichicon is raising ¥22.165bn through a zero-coupon convertible bond generally designed to convert only if its stock clears a 30% premium for a sustained stretch, and it is spending nearly all of a linked ¥5bn buyback the next day to soften, not erase, the eventual dilution.
Nidec confirmed it has received an outside committee's report on parts, process and design changes made without customer approval, but the findings, and any sense of scale, wait until Friday's redacted release.
Ryuji Arai, who also chairs electronics retailer Bic Camera, has agreed not to sell his 48.80% stake in Seed Co. into Luxshare Precision's tender offer, and struck a deal to hold 51% of the voting rights once the company goes private, leaving Luxshare with 49%.
UMC Electronics' shares leave Tokyo's Prime market for the Standard market on September 8, and the company has withdrawn the compliance plan it filed in 2023 to try to keep its Prime listing.
Japanet built its buyout offer to require Twin Bird's own board approval, and the board just refused, citing up to ¥8.7bn in five-year mass-retailer sales risk and an unproven private-label pitch.
DKK Co., Ltd. admits its stock has traded below book value for five straight years and is now targeting an ROE above its own cost of equity while lifting its three-year shareholder-return budget from ¥2.0bn to ¥2.5bn.
Luxshare Precision's Cayman unit is bidding ¥795 a share for Tokyo-listed Seed, but the buyout leaves the company's largest shareholder, not the Chinese buyer, holding 51% of the voting rights once the shares go private.
Kioxia and SanDisk say they will invest roughly ¥5tn, more than $31bn, in Japanese flash-memory production by 2032 at two existing plants, but the plan is explicitly conditional on support from the Japanese government that has not yet been detailed.
TAMURA CORPORATION now expects operating profit of ¥6.5bn for the year to March 2027, above its 2018 record, after AI data center orders and price increases outran a forecast it had left unchanged since May.
The drone and airspace-management group will cut its investment unit to about ¥850,000 on October 1, but that is still well above the Tokyo Stock Exchange's own preference for retail-friendly pricing under ¥500,000.
East Japan Railway is expanding its holding in century-old traction-equipment maker Toyo Denki Seizo to 20% of shares outstanding, a filing made as the supplier's full-year net profit rises 39.8% and its dividend climbs to ¥100 a share from ¥70.
Terra Drone was the only company to pass Japan's interceptor-drone demonstration test, its Terra B1 model chosen from four finalists narrowed out of 38 initial bidders, and the defense agency is targeting a mass-production contract by late August, while Terra Drone says the earnings impact is still under review.
138 employees at SAXA and its service subsidiary accepted the electronics maker's early-retirement offer, overshooting a 120-person target, and the company has already booked a ¥1.269bn charge for the extra severance and outplacement costs, with the overflow bill still being worked out.
Japan Display finished handing over its shuttered Tottori factory more than a month ahead of schedule and expects to book a roughly ¥500mn gain in the half-year results to September 2026, while moving its automotive-display R&D staff to a new local office a month later.
Abalance Corporation must ask shareholders to approve its year-to-March 2026 accounts at a September 30 extraordinary meeting because its auditor issued a disclaimer of opinion, unable to verify paid-supply transaction accounting, internal controls or the going-concern assumption, and next year's audit contract remains unsettled.
Terumo cut its Singapore treasury subsidiary to one share on August 21 ahead of liquidation, and its own regulatory filing admits that disclosure was overdue, with no reason given for the delay.
US Commerce has opened a nationwide anti-circumvention investigation into solar cells and panels finished in Ethiopia with Chinese parts, and customs separately issued two detention notices, together covering $13,770 of cells, from the same Abalance-owned factory under forced-labor review; CBP has given no timeline for completing its review, and the nationwide investigation continues.
Nidec shareholders filed a formal demand on August 20 for the company to sue current and former directors over accounting misconduct, adding pressure on a liability investigation the company opened back in March that has yet to report its findings.
Tera Probe's first-half operating profit rose 94%, driven largely by data-center processor testing demand, and the semiconductor tester now expects record full-year sales and profit, a new Taiwan plant and a five-for-one stock split to widen its shareholder base.
Mitsubishi Electric will pay a base $1.4bn for Oklahoma-based PCI Energy Solutions, whose trading and dispatch platforms already sit behind three-fifths of US power output, as the company chases a ¥200bn smart-energy revenue target by fiscal 2030.
OXIDE will spend ¥1.455bn on new Yamanashi production equipment for Faraday rotators, the isolator components that stop reflected light from disrupting data-center laser transceivers, though the company says the earnings effect stays minor before the equipment even starts up in the year's second half.
Hitachi will book a ¥179.9bn extraordinary profit from selling down its Hitachi Construction Machinery stake in its standalone accounts, but IFRS rules mean the same sale leaves consolidated group earnings untouched.